What is the purpose of expediting?
Expediting is a concept in purchasing and project management for securing the quality and timely delivery of goods and components. The procurement department or an external expeditor controls the progress of manufacturing at the supplier concerning quality, packing, conformity with standards and set timelines.
What does expediting mean in procurement?
Expediting is the application of pressure on suppliers to get them to either meet the original delivery promise or to deliver ahead of schedule. Expediting should be necessary on only a small percentage of Purchase Orders issued.
Is expediting a real word?
verb (used with object), ex·pe·dit·ed, ex·pe·dit·ing. to speed up the progress of; hasten: to expedite shipments. to accomplish promptly, as a piece of business; dispatch: to expedite ones duties.
What does Expediated mean?
To expedite tr.v. ex·pe·di·at·ed, ex·pe·di·at·ing, ex·pe·di·ates (Usage Problem) To expedite. [Alteration (probably influenced by -ate) of expedite.] Usage Note: Some people use the verb expediate where expedite would properly be used, as in The government wants to expediate the processing of visa applications.
What are expediting expenses?
Expediting Expense — costs to complete repairs to put the insured back in business as rapidly as possible, even if a temporary arrangement. Used chiefly with boiler and machinery (BM) insurance.
What is expeditor job description?
An expeditor is responsible for transporting goods from one place to another as quickly and efficiently as possible. They are responsible for determining all of the different methods for transporting goods. One of the most important skills that an expeditor will have is great time management.
What are expediting costs?
Expediting Expense — costs to complete repairs to put the insured back in business as rapidly as possible, even if a temporary arrangement. Used chiefly with boiler and machinery (BM) insurance.
How do you say make it faster?
expedite Add to list Share. To expedite something is to make it go faster or speed up the process.
Does expedient mean fast?
Use expedient for advantageous and expeditious for speedy, like how fast you plan for an expedition to Antarctica, or across the street.
What are mitigation expenses?
Mitigation Costs means reasonable fees, costs and expenses incurred by or on behalf of an Insured Person with the Insurers prior consent, that are reasonably expected to mitigate, reduce or avoid the possibility or severity of non-indemnified Loss that would result from a potential Claim or Pre-Claim Inquiry that
Extra expense insurance is coverage that pays for a companys non-ordinary expenses after a disruptive incident. It provides cash to help you stay in business while your property is repaired or replaced. Without this financial assistance, businesses that suffer a major loss might have to close permanently.
What makes a good expeditor?
An excellent sense of time management, organization, situational awareness, problem solving and unwavering calm despite circumstances that are anything but are all necessary for success as an expediter, The New York Times pointed out. With those abilities in mind, its not surprising that many chefs fit the bill.
What is the difference in expediter or expeditor?
A person who expedites. An expeditor is someone who facilitates a process.
What is the role of procurement?
The task of buying products or services and ensuring that suppliers comply with legal and company policies. Procurement may involve the management of internal processes such as adding new suppliers and ensuring they are compliant. A key aspect of a role within supply chain and procurement is supplier relations.
What are some examples of expedited costs?
Expediting costs include premium transportation charges and incremental unit prices incurred as a result of expediting delivery of material from the supplier. Of course there are other indirect (and sometimes much greater) costs associated with expediting, such as lost production waiting for parts.
What does Expeation mean?
1a : the act of expiating something : the act of extinguishing the guilt incurred by something … the Mass, the principal church ceremony that celebrates the sacrifice of Christ for the expiation of the original sin of Adam and Eve. —
What does expiation mean in Islam?
expiation ( Noun ): - 1) -compensation for a wrong. - 2) -the act of atoning for sin or wrongdoing.